IDEAS home Printed from https://ideas.repec.org/b/diw/diwpok/pbk41.html
   My bibliography  Save this book

A Survey on the Economics of Security: Final Report for the European Commission, Directorate-General for Justice, Freedom and Security

Author

Listed:
  • Tilman Brück
  • Marie Karaisl
  • Friedrich Schneider

Abstract

This report assesses the literature on the inter-relations between the economy and security with particular focus on terrorism and the "human drivers of insecurity" to identify both available knowledge and crucial research gaps. In addition, the report surveys the European research capacity in the field of security economics. The study is based on a thorough literature survey of the newly emerging field of security economics, using a variety of electronic catalogues and search engines as sources. The study reveals that it is not just terror attacks but also security measures of private and public agents responding to the threat of terrorism that incur significant repercussions for the economy, often with trans-national consequences. Impacts vary with the maturity of an economy; appropriate ex ante and ex post policies are critical to contain the damage of terrorism. Given the dynamic nature of human-induced insecurity, policies should place emphasis on "systemic resilience". Gaps in the economic security literature include insufficient knowledge of the behaviour of terrorists and their targets. Furthermore, the global impacts of terror attacks and especially of security measures require more analysis. Future research requires a more rigorous conceptual framework, methodological improvements and, above all, better data. In comparison to the United States, the current research capacity in security economics in Europe is weak. On the one hand, there is significant research potential in the field of security economics within the European Union in the shape of several high quality researchers. On the other hand, the existing research infrastructure and institutional barriers both inhibit this potential from being developed academically and for policy advice. Establishing a European network of security economists and funding a European centre for security economics could contribute to remedy this situation.

Suggested Citation

  • Tilman Brück & Marie Karaisl & Friedrich Schneider, 2008. "A Survey on the Economics of Security: Final Report for the European Commission, Directorate-General for Justice, Freedom and Security," DIW Berlin: Politikberatung kompakt, DIW Berlin, German Institute for Economic Research, volume 41, number pbk41.
    • Handle: RePEc:diw:diwpok:pbk41
    Note: VI, 114 p.
    as

    Download full text from publisher

    File URL: https://www.diw.de/documents/publikationen/73/diw_01.c.81780.de/diwkompakt_2008-041.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Tavares, Jose, 2004. "The open society assesses its enemies: shocks, disasters and terrorist attacks," Journal of Monetary Economics, Elsevier, vol. 51(5), pages 1039-1070, July.
    2. Walkenhorst, Peter & Dihel, Nora, 2002. "The Impact of the Terrorist Attacks of 11 September 2001 on International Trading and Transport Activities," MPRA Paper 12277, University Library of Munich, Germany.
    3. Sunstein, Cass R, 2003. "Terrorism and Probability Neglect," Journal of Risk and Uncertainty, Springer, vol. 26(2-3), pages 121-136, March-May.
    4. Sandler, Todd & Enders, Walter, 2004. "An economic perspective on transnational terrorism," European Journal of Political Economy, Elsevier, vol. 20(2), pages 301-316, June.
    5. Jhy-Yuan Shieh & Jhy-Hwa Chen & Juin-Jen Chang & Ching-Chong Lai, 2005. "Terrorist Threats And Transitional Dynamics In An Overlapping Generations Model," Defence and Peace Economics, Taylor & Francis Journals, vol. 16(6), pages 415-425.
    6. Viscusi, W Kip & Zeckhauser, Richard J, 2003. "Sacrificing Civil Liberties to Reduce Terrorism Risks," Journal of Risk and Uncertainty, Springer, vol. 26(2-3), pages 99-120, March-May.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Brauer1, Jurgen & Haywood, Robert, 2010. "Non-state Sovereign Entrepreneurs and Non-territorial Sovereign Organizations," WIDER Working Paper Series 009, World Institute for Development Economic Research (UNU-WIDER).
    2. Jurgen Brauer & Robert Haywood, 2010. "Non-state Sovereign Entrepreneurs and Non-territorial Sovereign Organizations," WIDER Working Paper Series wp-2010-009, World Institute for Development Economic Research (UNU-WIDER).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Friedrich Schneider & Tilman Brück & Daniel Meierrieks, 2010. "The Economics of Terrorism and Counter-Terrorism: A Survey (Part II)," Discussion Papers of DIW Berlin 1050, DIW Berlin, German Institute for Economic Research.
    2. Tilman Brück & Marie Karaisl & Friedrich Schneider, 2008. "A Survey of the Economics of Security," Economics of Security Working Paper Series 1, DIW Berlin, German Institute for Economic Research.
    3. Bruno S. Frey & Simon Luechinger & Alois Stutzer, 2007. "Calculating Tragedy: Assessing The Costs Of Terrorism," Journal of Economic Surveys, Wiley Blackwell, vol. 21(1), pages 1-24, February.
    4. Bruno S. Frey & Simon Luechinger & Alois Stutzer, "undated". "Valuing Public Goods: The Life Satisfaction Approach," IEW - Working Papers 184, Institute for Empirical Research in Economics - University of Zurich.
    5. Daniel Meierrieks & Max Schaub, 2024. "Terrorism and child mortality," Health Economics, John Wiley & Sons, Ltd., vol. 33(1), pages 21-40, January.
    6. J. Nassios & J.A. Giesecke, 2015. "The Macroeconomic and Sectoral Effects of Terrorism in the U.S.: A Reconciliation of CGE and Econometric Approaches," Centre of Policy Studies/IMPACT Centre Working Papers g-256, Victoria University, Centre of Policy Studies/IMPACT Centre.
    7. Krieger, Tim & Meierrieks, Daniel, 2014. "How to deal with international terrorism," Discussion Paper Series 2014-03, University of Freiburg, Wilfried Guth Endowed Chair for Constitutional Political Economy and Competition Policy.
    8. Bruno Frey & Simon Luechinger & Alois Stutzer, 2009. "The life satisfaction approach to valuing public goods: The case of terrorism," Public Choice, Springer, vol. 138(3), pages 317-345, March.
    9. Pınar Derin-Güre, 2014. "Development, immigration and terrorism," Chapters, in: Robert E.B. Lucas (ed.), International Handbook on Migration and Economic Development, chapter 15, pages 425-462, Edward Elgar Publishing.
    10. Thomas Gries & Tim Krieger & Daniel Meierrieks, 2011. "Causal Linkages Between Domestic Terrorism and Economic Growth," Defence and Peace Economics, Taylor & Francis Journals, vol. 22(5), pages 493-508, June.
    11. Bruno S. Frey & Simon Luechinger, 2005. "Measuring terrorism," Chapters, in: Alain Marciano & Jean-Michel Josselin (ed.), Law and the State, chapter 6, Edward Elgar Publishing.
    12. Shahbaz, Muhammad & Shabbir, Muhammad Shahbaz & Malik, Muhammad Nasir & Wolters, Mark Edward, 2013. "An analysis of a causal relationship between economic growth and terrorism in Pakistan," Economic Modelling, Elsevier, vol. 35(C), pages 21-29.
    13. Erwann Michel-Kerjan & Paul A. Raschky & Howard C. Kunreuther, 2009. "Corporate Demand for Insurance: An Empirical Analysis of the U.S. Market for Catastrophe and Non-Catastrophe Risks," Working Papers hal-00372420, HAL.
    14. William F. Shughart, 2011. "Terrorism in Rational Choice Perspective," Chapters, in: Christopher J. Coyne & Rachel L. Mathers (ed.), The Handbook on the Political Economy of War, chapter 8, Edward Elgar Publishing.
    15. Gustavo Canavire-Bacarreza & Alejandra Montoya-Agudelo & Felipe Bedoya-Maya, 2017. "An Uphill Battle: The Relationship Between Geography and Terrorism," Documentos de Trabajo de Valor Público 15759, Universidad EAFIT.
    16. Kerim Peren Arin & Eberhard Feess & Torben Kuhlenkasper & Otto F. M. Reich, 2019. "Negotiating with Terrorists: The Costs of Compliance," Southern Economic Journal, John Wiley & Sons, vol. 86(1), pages 305-317, July.
    17. Friedrich Schneider & Raul Caruso, 2011. "The (Hidden) Financial Flows of Terrorist and Transnational Crime Organizations: A Literature Review and Some Preliminary Empirical Results," Economics of Security Working Paper Series 52, DIW Berlin, German Institute for Economic Research.
    18. W. Kip Viscusi & Richard J. Zeckhauser, 2017. "Recollection Bias and Its Underpinnings: Lessons from Terrorism Risk Assessments," Risk Analysis, John Wiley & Sons, vol. 37(5), pages 969-981, May.
    19. Bozzoli, Carlos & Müller, Cathérine, 2011. "Perceptions and attitudes following a terrorist shock: Evidence from the UK," European Journal of Political Economy, Elsevier, vol. 27(S1), pages 89-106.
    20. Michele Fratianni & Heejoon Kang, 2006. "International Terrorism, International Trade, and Borders," Working Papers 2006-13, Indiana University, Kelley School of Business, Department of Business Economics and Public Policy.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:diw:diwpok:pbk41. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Bibliothek (email available below). General contact details of provider: https://edirc.repec.org/data/diwbede.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.